Wednesday, August 14, 2024

Thursday's News Links

[Yahoo Finance] Stocks rise after retail sales, jobs data as Walmart surges

[Reuters] Stocks recover some stability after weeks of turmoil

[Yahoo/Bloomberg] Oil Halts Two-Day Drop as Iran Tensions Vie With Stockpile Build

[Yahoo/Bloomberg] Iron Ore Hits Lowest Since 2022 as Steel Crisis Rattles Market

[CNBC] Consumer spending jumped in July as retail sales were up 1%, much better than expected

[Reuters] US weekly jobless claims unexpectedly fall

[Yahoo/Bloomberg] Walmart Lifts Full-Year Outlook on Bargain-Hunting Shoppers

[Reuters] Fed's Bostic supportive of a September rate cut, FT reports

[Yahoo/Bloomberg] China’s Economy Fails to Pick Up After Worst Stretch in Five Quarters

[Reuters] China's home-price slump deepens in July to new 9-year low

[Reuters] China's factory output disappoints, dashing hopes for speedy recovery

[Reuters] China's central bank plans new policies to boost growth, governor says

[CNBC] China’s bond market intervention reveals financial stability worries

[Yahoo/Bloomberg] China Slashes Steel Output as Industry Rings Alarm on Demand

[Reuters] Japan's economy rebounds strongly on consumption boost, backs case for more rate hikes

[Reuters] Margin trading in Japanese stocks sharply shrinks after market rout

[Reuters] Russian commander says Ukraine's forces pushing along the border front

[WSJ] Why Falling Mortgage Rates Aren’t a Quick Fix for Frustrated Homebuyers

[FT] Top Fed official ‘open’ to September rate cut as inflation cools

[FT] America’s torrid affair with credit cards

Wednesday Evening Links

[Reuters] S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs

[Reuters] Wall Street fear gauge in record retreat after last week's massive spike

[Yahoo/Bloomberg] Bond Traders See Quarter-Point Cut Next Month as Inflation Ebbs

[Reuters] Ukraine says it hit four Russian air bases in major drone attack

[Reuters] Ukraine says advance into Russia 'going well', creates strategic buffer

[The Hill] Putin faces dilemma on Kursk after ‘tremendous’ blow from Ukraine, says ex-ambassador

[Reuters] U.S. Navy's newest air-to-air missile could tilt balance in South China Sea

Wednesday Afternoon Links

[Reuters] Wall Street struggles for direction as Alphabet falls, data keeps rate-cut bets intact